of the
financial implications of the identified strategies has been made on the bases of both cash returns and economic cost, the latter taking into account cost elements like land premium and finance charges which are foregone.
estimated financial performance of the different strategies is shown in the
following tables:
The
(a) Cash Basis
Strategy
Existing
Rental-Led
HOS/PSPS Led
Private Sector Priority
(b)
Economic Basis
Cash Return to Government $ Million
79,231
74,243
94,705
93,148
Cost
to Government $ Million
Strategy
Existing
Rental-Led
HOS/PSPS Led
20,288
38,588
33,018
Private Sector Priority
20,541
financial
A detailed
financial assessment can be found in the Financial Appendix of the full report.
14
The HOS/PSPS Led Strategy brings the greatest cash returns to Government and is closely followed by the Private Sector Priority Strategy. When hidden costs foregone are taken into account, the Private Sector Priority Strategy is the most cost-effective, given the commitment to clear all outstanding demand by 2001.